NO TRADE ZONE FOR NIFTY.
PLEASE WAIT FOR BREAK OF HIGH OR LOW OF PREVIOUS DAY(03/01/2020)
IT MAY CONSOLIDATE IN THIS RANGE BEFORE GOING IN ANY DIRECTION.
NIFTY HAD ATTEMPTED TO OVER COME THE RESISTANCE LINE(SHOWN IN THE CHART) BUT COULD NOT.
IN THE MEAN WHILE IT HAS BROKEN IMPORTANT PIVOT.
IF IT BREAKS THE LOW OF LARGE RED CANDLE IT MAY GO DOWN TO 11880.
PLEASE WAIT FOR BREAK OF HIGH OR LOW OF PREVIOUS DAY(03/01/2020)
IT MAY CONSOLIDATE IN THIS RANGE BEFORE GOING IN ANY DIRECTION.
NIFTY HAD ATTEMPTED TO OVER COME THE RESISTANCE LINE(SHOWN IN THE CHART) BUT COULD NOT.
IN THE MEAN WHILE IT HAS BROKEN IMPORTANT PIVOT.
IF IT BREAKS THE LOW OF LARGE RED CANDLE IT MAY GO DOWN TO 11880.